North Myrtle Beach, SC Cost Of Living

The latest cost of living statistics for North Myrtle Beach. Includes statistics on rent, mortgages, healthcare, and other costs for North Myrtle Beach compared to the state and national averages.

Cost of living in North Myrtle Beach, South Carolina

Cost of living in North Myrtle Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means North Myrtle Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in South Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

113 Cost of living index 1.1x higher vs US
#85 Cheapest in South Carolina (of 98)
#3,814 Cheapest in the U.S. (of 6,489)
$390,621 Median home value
$1,263 Median rent
$72,722 Median income
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What is the cost of living in North Myrtle Beach, SC?

According to the most recent data on the cost of living, North Myrtle Beach has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.

Compared to South Carolina, North Myrtle Beach has a cost of living index that's 1.2x higher than South Carolina's index of 92.

The standard of living in North Myrtle Beach ranks as #85 most affordable out of the 98 places we measured in South Carolina. By definition, that implies North Myrtle Beach ranks as the #13 most expensive place in the Palmetto State.

For more reading on life in North Myrtle Beach, check out:

North Myrtle Beach Cost Of Living Vs. South Carolina

Six factors go into calculating the cost of living index in North Myrtle Beach. Here is how it fares on each of the criteria:

  • The Services index in North Myrtle Beach is 101.

  • The Groceries index in North Myrtle Beach is 98.

  • The Health index in North Myrtle Beach is 142.

  • The Housing index in North Myrtle Beach is 98.

  • The Transportation index in North Myrtle Beach is 98.

  • The Utilities index in North Myrtle Beach is 96.

Living Expense North Myrtle Beach South Carolina National Average
Overall 113 92 100
Services 101 97 100
Groceries 98 96 100
Health 142 82 100
Housing 98 101 100
Transportation 98 101 100
Utilities 96 97 100

North Myrtle Beach Cost Of Living Compared To South Carolina Averages

Services
North Myrtle Beach 101
South Carolina avg 97
Groceries
North Myrtle Beach 98
South Carolina avg 96
Health
North Myrtle Beach 142
South Carolina avg 82
Housing
North Myrtle Beach 98
South Carolina avg 101
Transportation
North Myrtle Beach 98
South Carolina avg 101
Utilities
North Myrtle Beach 96
South Carolina avg 97

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around South Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

North Myrtle Beach, SC Housing Cost Breakdown

$390,621Median Home Value
$1,263Median Rent
$72,722Median Income

Housing swings affordability the most between places in South Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in North Myrtle Beach is $390,621.

  • The Median Rent in North Myrtle Beach is $1,263.

  • The Median Income in North Myrtle Beach is $72,722.

  • The Home Value To Income in North Myrtle Beach is 5.4x.

  • The Rent To Monthly Income in North Myrtle Beach is 0.21x.

Statistic North Myrtle Beach South Carolina United States
Median Home Value $390,621 $304,083 $332,700
Median Rent $1,263 $1,180 $1,413
Median Income $72,722 $69,324 $80,734
Home Value To Income 5.4x 4.4x 4.1x
Rent To Monthly Income 0.21x 0.2x 0.21x

North Myrtle Beach, SC Costs By Category

Detailed North Myrtle Beach Services costs vs. South Carolina
Item North Myrtle Beach South Carolina
Shampoo $1.38 $1.28
Movie $11.3 $12.13
Bowling $19.43 $18
Haircut $26.38 $24.26
Beauty Salon $56.15 $45.56
Detailed North Myrtle Beach Groceries costs vs. South Carolina
Item North Myrtle Beach South Carolina
Ground Beef $6.22 $5.84
Fried Chicken $1.67 $1.57
Milk $4.59 $4.67
Potatoes $5.51 $4.93
Pizza $10.83 $12.09
Beer $10.61 $10.41
Toothpaste $3.77 $3.7
Detailed North Myrtle Beach Health costs vs. South Carolina
Item North Myrtle Beach South Carolina
Optometrist $78.1 $125.68
Doctor $137.5 $135.78
Dentist $97.17 $113.29
Detailed North Myrtle Beach Transportation costs vs. South Carolina
Item North Myrtle Beach South Carolina
Gasoline $3.18 $3.46
Tire Balancing $46.64 $59.92
Detailed North Myrtle Beach Utilities costs vs. South Carolina
Item North Myrtle Beach South Carolina
All Electricity $258.5 $193.99
Phone $194.25 $192.25

North Myrtle Beach SnackAbility

6Overall SnackAbility
Jobs 6/10
Housing 8.5/10
Affordability 5/10
Diversity 6/10
Safety 3/10
Amenities 8/10
Education 8/10
Commute 8.5/10

Cost Of Living In Cities Around North Myrtle Beach

The cost of living varies in the cities and towns around North Myrtle Beach. Here's a quick look at the cost of living in the most populous nearby places:

  • Myrtle Beach, SC has a cost of living index of 106, 0.9x North Myrtle Beach.

  • Conway, SC has a cost of living index of 94, 0.8x North Myrtle Beach.

  • Socastee, SC has a cost of living index of 97, 0.9x North Myrtle Beach.

City Population Cost Of Living Vs. North Myrtle Beach
Myrtle Beach, SC 38,371 106 0.9x
Conway, SC 27,263 94 0.8x
Socastee, SC 23,796 97 0.9x
Red Hill, SC 15,920 99 0.9x
Little River, SC 11,771 97 0.9x
Forestbrook, SC 7,479 102 0.9x
Carolina Shores, NC 5,017 109 1.0x